Hints and tips:
...European regulators to mirror US move to T+1 (FT) Thomas Cook owner Fosun to sell brand to Poland’s eSky (SKY News) UK government vows to protect litigation funding that helped sub-postmasters (FT) Thomson...
...BP has named Kate Thomson as interim chief financial officer, following last week’s management upheaval prompted by the sudden resignation of CEO Bernard Looney....
...News Corp in 2014 acquired Move for $950mn, a deal that chief executive Robert Thomson at the time described as an “exponential evolution” of the company’s print publishing business....
...It was like a Rosetta Stone for how to do leveraged buyouts....
...Robert Thomson, the News Corp chief executive, last week warned that a Bertelsmann acquisition would create an anti-competitive “behemoth of books”....
...Such value creation ordinarily goes to all the stakeholders who stayed with a business and squeezed blood out of what was previously a stone....
...Leander Kahney, Cook’s unofficial biographer, says Cook’s legacy is already set in stone....
...He would be replaced by his deputy, Andrea Remyn Stone, the LSE said on Wednesday....
...Moncler boss Remo Ruffini’s recent acquisition of domestic rival Stone Island has only just forged “a new path that is different from the old choice of either remaining independent but small, or simply selling...
...The relationship between the men has remained cordial, the people said, but Craig prepared for his departure by hiring his successor, former Bloomberg executive Andrea Stone....
...Behind the scenes, the acquisition of BGI was fraught....
...“It sucks, in my humble opinion,” said Michael Sukin, a longtime music lawyer who has represented the Rolling Stones and the estate of Elvis Presley....
...Moncler, looking to shore up its position, recently completed the €1.15bn acquisition of competitor Stone Island, the progressive Italian brand founded by the late technical fashion innovator Massimo Osti...
...Mr Thomson declined to elaborate on the planned bid by News Corp’s HarperCollins, the world’s third biggest book publisher, saying he would not “speculate on speculation and scuttlebutt”....
...Refinitiv, the former Thomson Reuters financial data service, has passed from Blackstone to the London Stock Exchange....
...The first was through the acquisition of book rights....
...Meanwhile, S&P Global is the result of a long line of acquisitions by its former parent McGraw Hill stretching over a century....
...Spacs: London Calling At a time when it seems like everyone and their mother is launching special purpose acquisition companies in the US, it might come as a surprise to DD readers that the running total...
...Its latest $8.3bn acquisition establishes it as a big player in the US market....
...Long confined to the periphery of finance, special purpose acquisition companies, or Spacs as the shells are known, have emerged as one of the hottest trends on the US equity market in a year defined by...
...Her move is not the first time a senior finance executive has switched between the auto and technology industries, after Ford named former Snap director Tim Stone as its chief financial officer last year...
...When the world’s largest luxury group by revenues bought the quintessentially Roman jeweller — known for its colourful cabochon stones and architectural designs — for €4.3bn back in 2011, the brand had lost...
...Thomson of Hipgnosis says progress has been made but the structure remains “exploitative”....
...In a world crippled by an epic healthcare crisis and without any real mergers and acquisitions, the most coveted mandates for Wall Street advisory firms are the ones being handed out by Uncle Sam....
...Rolling Stone described the bank as a “great vampire squid wrapped around the face of humanity”....
International Edition